Philippines in Global Competitiveness Essay

As the Philippines presently foul up its current economic gainment, being include for the first time in the make it 50% of existence ranking, it makes me ask the question, why and at a time? What overlyk us to a fault immense to be glob solelyy ag unmatchednistical?According to Guillermo Luz, the co-chair of the Philippine National combat Council (NCC), the Philippines registered rises in 11 out of the 12 categories, from the aspect of government institutions, infrastructures, macroeconomic environment, wellness and primary education, higher education and preparation in effect(p)s market efficiency, labor market efficiency, financial market development, technological readiness, market size, handicraft sophistication and innovation.It felt equivalent a breath of fresh air From all in all the news of bus hostage tragedy, discrepant issues in the RH Bill, China in Spratlys and the recent impeachment of the Chief umpire Renato Corona, a new positive and shake headl ine was sh goledge to our television screens and newspapers. Its a great indication that despite of all the negative issues that we deal with foreveryday, in that location is whitewash almost delightful news that proves that our farming is unflurried determined to be hardened on top along with our neighbor Asian countries like capital of Singapore and Hongkong.The Philippines competitiveness is meliorate significantly in some aspects of our economy. We can say that businesses around the world be oft confident now in investing in our ara. extolment to the people in the government who are truly exerting efforts to provide us with more tangible results rather than the rant blah promises we used to hear every day. precisely despite of this current triumph, I all in all agree to what Ramon Del Rosario Jr., (Chair of the Makati Business Club) has said, that there is still a potentiometer of work to be done to help ensure that the Philippines finish up its new goal to be include in the upper third rankings in 2016. This recognition would show that though we are improving in some areas, there are still a down of weaknesses that are waiting to be stress on. Examples of these are the infrastructures, floods during rainy season, rights to education for the less(prenominal) fortunate, health problems such as dengue and HIV, unemployment, graft and corruption and a lot more. So are we Reallyimproving? How can we brag that we had improved our economic competitiveness and yet feel that our countrymen are still deprived and poverty-stricken?As a business student, it felt good knowing that the performance of our economy is much better from the past two eld. From a double digit improvement in ranking since then, it makes me think that if this trend goes positively, I will score a sharp future in my chosen career. alto irritateher when in behalf of a lot of Filipinos currently living, striving and struggling to have a better life in this country, thi s improvement whitethorn not be as convincing as it ought to be. One land for this would be that the lives of the Filipinos two years ago were not that different from what it is today, and such shape up is rarely seen and felt. In addition to this, the only development(?) that Filipinos had felt from the two years that has passed was the increase in prices of pandesal and jeepney fare. And yes, Im sorry, that is sarcasm.I also agree to Mr. Ernie Cecilia, that part military personnel resources can drive spheric competitiveness. We have different views from the persona human resources who are leaving our country, brain peter out anyone? That we didnt transact that, our own people, is the major(ip) factor that can help our country to do better. Knowledgeable and competent Filipinos are leaving the Philippines to work abroad in search of greener pastures. But no one can blame them Their stumpy salaries are not sufficient to provide for the ever growing desire to improve the quali ty of life of their families. They leave the Philippines because of poverty, and the Philippines remain in poverty because they all left. Its a vicious circle that will never end, like a dog chasing its own tail. It wont conclude until it straightens up its act and chose the right way.Mr. Cecilias set about is really informative and I got to make up ones mind a lot of things. But I just to want to express my divergence on his snarky remark that fleck Singapore shifts anything and everything and Japan and Korea sells high value items, we sell bananas. It astounds me for a second then asks, whats wrong with that? Is there something wrong in selling bananas? Or exporting mangoes, durian, coconuts, woodcrafts and piece of furnitures? It whitethorn amaze him if he knew that even dried fish have a great demand in the international market. These are our countries major exports and while other countries can sell a lot of things, we have our own uniqueness and advantages in exporting o ur own products too. It may not be as fully grown as petroleum, diamonds, and heavy machineries that a circumstantial bit of something is much indulgent than nothing at all.In conclusion, and to pertain this topic to the lessons that I have intentional in the four corners of my classroom in Management 8, I have realize that the Philippines is just like large conglomerate. comparable a multinational corporation, it needs the congruous structure, competent people and clever strategies to achieve its mission, vision, objectives and goals. It needs to line its strategies according to the ever-changing demands and other factors to attain satisfaction and improvement. Our country, like a corporation needs to psychoanalyze its strengths and use them to compete in this abstain changing world. Identify its weaknesses and address it, grow threats to opportunities, and maximize the opportunities for greater prospects, not only to improve its current status but also to uplift the lif e of its people.We may be far from being bit one we may not know where well be next. But with every little step forward goes a long way. It may take us too long, but with determination, proper administration and go by from Above, I know we will get there.